Available at Auction. Rare opportunity to own a quadruplex, a ''unicorn'' in Surf City. Set on a desirable corner lot, 2nd Row from beach, each of the four units offers a comfortable 2-bedroom, 1-bath floor plan at 768 square feet- a layout coastal renters actively seek out. Eight parking spaces plus a garage give this property a significant edge in a beach town where parking is scarce. The property is being sold as-is with some work to be done, making it a true value-add play for the right buyer. Updates and improvements here have real upside potential. You're steps from the ocean in one of the Carolina coast's most active rental markets. Three of the Four units are currently occupied, so your investment generates income immediately while you plan improvements at your own pace. Live in one unit and let the other three help carry the load, or hold all four as rentals and let Surf City's strong beach tourism do the rest. Either way, the potential here is hard to replicate at this price point and proximity to the water.
| MLS # | 100581885 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 134 |
| Listing Provided By | Coldwell Banker Sea Coast Advantage | Stephanie Bolleyer |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,072 |
| Garage | 2 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R-5 |
| Acreage | 0.11 |
| Water Front | Second Row |
| Property View | Ocean |
| Interior Features | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Wall/Window Unit(s) |
| Roof | Metal |
|---|---|
| Foundation Details | Block |
| Lot Features | Corner Lot, Second Row |
| Waterfront Features | Second Row |
| View | Ocean |
| Construction Materials | Block |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Shared Driveway, Detached, Gravel, On Site, Garage |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 220085 |
|---|---|
| Tax Book Number | 10 |
| Tax Legal Description | LT 9 PB 10/56 Old Settlers Beach Blk 3R |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Pender |
| City | Surf City |
| Zip Code | 28445 |
| Community Name | Old Settlers Beach |
| Elementary School | Surf City |
| High School | Topsail |
| Listing VS Median (in Old Settlers Beach) | |
Price: $500,000 low | high Med: $959,000 sqft: 3,072 low | high Med: 2,288 $ / sqft: $163 low | high Med: $419 On site: 134 low | high Med: 129 | |
| State | NC |
|---|---|
| County | Pender |
| City | Surf City |
| Zip Code | 28445 |
| Community Name | Old Settlers Beach |
| Elementary School | Surf City |
| High School | Topsail |
| Listing VS Median (in Old Settlers Beach) | |
Price: $500,000 low | high Med: $959,000 sqft: 3,072 low | high Med: 2,288 $ / sqft: $163 low | high Med: $419 On site: 134 low | high Med: 129 | |